Subject: Comment for File No. SR-IEX-2025-02
From: Ryan Wigglesworth
Affiliation:

Jul. 17, 2025

I am an individual investor. PFOF Brokers and Wholesalers do not represent my interests. 
Like really, they profit off us, we have no choice but to use them, and the brokers are the ones who choose which one they deal with? 
Payment for order flow has the same representation of retail like a parasite represents a host, it doesn't at all. 


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